Cryptocurrency: SKYFchain : Platform for Cargo Robotics Industry

SKYFchain is the first B2R (Business-to-Robots) blockchain based operating platform. This private blockchain system provides independent secure data-exchange and payment channels for a total support of robot - centric logistics. The SKYFChain Operating Platform will based on private blockhain. It will use ERC20 compatible protocol for SKYFT tokens and build payment channels for exchange transactions. SKYFchain is unique because it will be designed to exclude the human as an intermediary and it will have access to confirmed clients of the first industrial heavy duty cargo drone – the SKYF drone, which is already flying. Technically, the main purpose of the SKYFchain is to integrate critical information for all market participants and organize execution of smart-contracts for transactions. SKYFchain aims to create the whole new industry of airborne cargo drones and later invite groundborne and sea-borne cargo robots for the new business opportunities.

About SKYFchain

SKYF is the world’s first industrial grade heavy cargo drone. We partner with our current clients in oil&gas, agriculture and logistics to make SKYFchain reliable and easy to integrate into today's supply-chain.

20% of revenue for the first 1000 drones sold will be used to buy back SKYFT tokens (the equivalent of $50-70M) and fund the development of the SKYFchain Operating Platform.

SKYFchain has exclusive rights for mission planning, verification and operations support of SKYF drones.

SKYFchain OP business model

Logistics business processes today are designed with a human being in mind, eitheras acustomeror acontroller etc. Autopilots for cargo robots, AI and the developing field of IOT hints that one day,robots may work without being directlycontrolledbyan individual.

This would bring enormous savings since currently,around 50% of costs in logistics is in labor.

The field in cargo roboticswill require investments, and investmentsneed insurance, risk management and control. Thus,unmanned cargo robotsmay become an asset which would require new types of regulations and business processes. We are planning to develop them in the SKYFchain Operating Platform.

The main purpose of the SKYFchain OPis to integrate information for all market participants and organize the execution of smart-contracts for transactions.Transactionsmay vary in value and frequency. The platform will collect commissions from each transaction.All transactions will be paid inUSDor other fiat currencybut executed in systemusingthe SKYFT tokens.

SKYFT token will be the internal currency of the platform. Only 1.2 bntokens will be issued at ICO in form of Ethereum ERC20 tokens.This is fixed amount for all system.

We are going to test the platform using SKYF drones, then we shall educate drone producers and integrateother drones into the system. When sea-borne and ground-borne cargo robots come into the market, we shall integratethem as wellby organizing workshops with respective associations of producers

The Market

The Market for air-borne cargo robots (drones)

$127bn –that’s how muchPWCestimatedthe total addressable value of drone powered solutions to be in all applicable industries. Exponential investments growth into the sector has already began.$100bn –is the service market sizefor SKYF dronein agriculture, logistics, and infrastructure (see Annex 4 for details).During the first three years it is expected that SKYFchain would service clients of SKYF drones in these industries.

The value in $bn of drone-powered solutions in addressable industries globally

Despite high demand, none of the commercially available drone solutions fully satisfythe market needs.

Unmanned trucks, ships and cars

After the launch of air-borne drones,SKYFchain willinvite other cargo robots,unmanned trucks, unmanned ships,and later unmanned passenger vehicles.

We are planning to invite air-borne drones from 2020 onwards, and sea-borne and ground-borne robots starting from 2022 onwards.

According to Abhimanyu Raheja, an analyst at BIS Research, "the overall number of automatedvehicles is expected to reach more than 110 million by the end of 2026."

Exane BNP Paribas is giving lower, but also promising projections of 40 millionsautomated vehicles of all typesin 2026.

Dron-related VC deals

According to the CBInsights report “The State of Drone Technology”1VC funds have recognized an opportunity in UC;the total disclosed VCcapital raised for unmanned systems (drones) in the year 2016 increased by 123% to over $1,3bn.

Problems inthedrone marketand unmanned logistics

Lack of transparency

Universal operating systemsfor the drone market still donot exist. There is no systemwherecustomerscan check thetechnical condition of drones and their safety itineraries. This is one of the reasons whypublic authorities limit droneflight range.

This problemis not only present in the aviation industry. All the cargo robotics marketsdo not have reliable certified operational platforms.

The organizational problems of the unmanned drone industry include costly insurance and near-prohibitive regulationsin some countries.

Solution is the SKYFchain OP

SKYFchain OP is a transparent and trusted operating platformthatoffersfinancing and gives insurance companies direct control over their assets, which hassparkedthe growthof this industry.

SKYFchain Operating Platform technical details and economics.

Blockchain concept for the SKYFchain OP

SKYFchain architecture is based on two building blocks:

SKYFchain blockchain itself -private permissioned blockchain customized for the most effective usage in the industry;
Ethereum ERC-20 SKYFT tokens-based perimeter of public blockchainfor processing and settling SKYFT tokens transactions and communicating them back and forth with SKYFchain.

Proposed data structure of SKYFchain OP

SKYFchain gets together all the participants of unmanned vehicle market. Each participant will store and request data from SKYFchain.

SKYFT-token the internal currency of SKYFchain

KYFchain OP will use the SKYFT -a utility token issued through ICO.

SKYFT properties include:

Internal currency of the SKYFchain OP required for any transaction,
Fixed amount of 1 200 000000 tokens,
The ICO-end price will be ~0,065 USD per 1 SKYFT,
SKYFT are compliant with USA’s SEC and available for US accredited investors
The blockchain super-node holders harvests 50% of transaction fees,
25% of transaction fees goes to all token holders,
25% of transaction fees goes to the Community Development Fund to sustain constant system development and expansion.

The economics of the SKYFchain OP

Users may pay in fiat or crypto currency accepted by the system. Thus, inside the system, the transactions must be paid in SKYFT tokens, which may be bought automatically and invisibly for the user to execute transactions.

SKYFchain key figures (projections)

Projected Super Node holder's income

SKYFT TOKEN

Fixed amount of 1,200,000,000 tokens

The ICO end price will be 0.065 USD per 1 SKYFT token

SKYFT is compliant with the U.S. SEC

SKYFT tokens will be required for any transaction inside SKYFchain.

A user requests a transaction in SKYFchain and pays securely in fiat money through his smart contract. SKYFchain acquires SKYFT tokens  at a crypto exchange to execute the transaction

Transactions will grow exponentially because ROBOTS NEED TO TALK with clients

SKYFT Token Sale

Details:

Presale ($2M) was reached in just 5 days
The main sale started on March 10, 2018
Only 51 300 000 SKYFT tokens were reserved for presale
Minimum token purchase volume is 3000 SKYFT
The ICO-end price will be 0.065 USD per 1 SKYFT
SKYFT is compliant with USA’s SEC and available for US investors
ERC20 Token Standard

GET SKYFT TOKENS

Here !!!

PROJECT ROADMAP

2014 — 2017

design and manufacture of SKYF cargo drones attracted $5M; successful aerodynamic tests; fully autonomous flights in Q4 2017

2018 — 2019

development of the private blockchain; creation of the international legal structure; sales of first SKYF drones and expansion of the partner network to regions without strict regulation of cargo drone flights (CIS, Asia, Africa)

2020 — 2022

rapid growth of SKYF drone sales; inclusion of third-party drone data into SKYFchain; lobbying for new regulations in developed markets

2023 — 2025

connection of ground and sea cargo robots into the system; passenger drones to follow